2. 职称英语
  3. Who loses from inflation? Please describe carefully.Inflation hurts all those pe

Who loses from inflation? Please describe carefully.Inflation hurts all those pe

游客2025-06-21  38
问题 Who loses from inflation? Please describe carefully.
选项
答案 Inflation hurts all those people who have wealth or income that is fixed in nominal terms. Typical of these people will be the elderly who live on fixed pensions, and workers who lack the industrial might push for cost of living adjustments to their wage packets.
Lenders also lose if their loans are fixed in money terms because they are unable to buy the same amount of goods and services when their loans are repaid. This principle applies as well to the "loans" made to the government by the private sector in the form of government bonds or to the "loans" made to banks by individuals in the form of savings accounts. In most cases the loss occurs because people are unable to anticipate the fact that inflation will outstrip the rate of growth of nominal income. If they were able to anticipate inflation fully they would build the inflation rate into the nominal interest rate. Progressive income tax payers also lose out during inflationary times. Inflation eventually raises nominal incomes and pushes people into higher tax brackets.
解析
转载请注明原文地址:https://www.tihaiku.com/zcyy/4128345.html
相关试题推荐
随机试题
最新回复(0)